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Analysis: Some fracking companies are admitting shale was a bad bet—others are not

Analysis: Some fracking companies are admitting shale was a bad bet—others are not
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Analysis: Some Fracking Companies Are Admitting Shale Was a Bad Bet — Others Are Not

Energy companies are increasingly having to face the unprofitable reality of fracking, and some executives are now starting to admit that publicly. But the question is whether the industry will listen or continue to gamble with shale gas and oil. In February, Equinor CEO Anders Opedal had a brutally honest assessment of the Norwegian energy company’s foray into U.S. shale. ....

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